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Nicaragua Articles, Research, & Resource Guides

If you’re here to learn about Nicaragua, you’ve found the right place! We’ve written dozens of articles and guides about investing and living in Nicaragua.

Whether you’re interested in learning about the different cities in Nicaragua, residency or investment laws, we’ve got you covered. There isn’t much about Nicaragua that you won’t find here.

Recent Nicaragua Articles

Nicaragua Real Estate

If you’re looking for property in Nicaragua to buy or rent, head over to our Nicaragua Real Estate page.

Leon, Nicaragua is a perfect example of the renaissance of Nicaragua. From its origins as a colonial capital and birthplace of Nicaraguan independence to a symbol of contemporary growth, Leon is a blend of beauty, history, and possibility.

Leon, Nicaragua

Cathedral de Leon

Leon, Nicaragua – A Colorful Past

Leon, Nicaragua was originally founded on June 15, 1524 by Francisco Hernandez de Cordoba, known as the founder of Nicaragua. Viewed as a revolutionary by Colonial Administrator Pedrarias, Cordoba was beheaded in the town’s main square in 1526.

Leon was originally located on the southwestern side of Lake Managua, just south of the Momotombo Volcano. Two major earthquakes in 1594 and 1610 caused so much damage that the settlers decided to move the city roughly twenty miles west to its current location.

Leon the Capital

As the first capital of Nicaragua, Leon continued in that role when the country left the United Provinces of Central America in 1839.  The capital shifted between Granada and Leon until 1858 when Managua was selected as a compromise between the liberal (Leon) and conservative (Granada) political factions.

History Does Repeat Itself

On September 21, 1956,  president and later dictator, Anastasio Somoza García was assassinated by the poet, Rigoberto López Pérez at a party in Leon. This act echoes the beheading of Leon’s founder in 1526 in the town’s square, providing a unique kind of historical irony.

The Rediscovery of Leon Viejo

Though not totally destroyed by the earthquakes, Leon’s original location became buried by years of ash and stone coming from Momotombo and rising lake sediment. It wasn’t until 1967 that the ruins of the original Leon, known as Leon Viejo were discovered and excavation would begin the following year.

Leon, Nicaragua

Ruins of Leon Viejo

In 2000, Leon Viejo was designated a World Heritage site. The city is unique among 16th century cities in the Americas as the only one that has not had its original plan altered during its history.

Sights and Attractions in and around Leon, Nicaragua

There are many special locations in and around Leon, Nicaragua that will delight both tourists and residents alike.  Ranked as one of the 10 best places to visit in Central America, the majestic cathedrals, historical locations, and natural wonders create an allure that make Leon a desirable spot to experience.

The Cathedral de Leon

Built between 1747 and 1814, the Cathedral has the distinction of being the largest in Central America and one of the oldest dioceses (1531) in the Americas. In addition to the crypts of several famous Nicaraguans, there are seven tunnels connected to other churches in the city used for hideouts or escapes from British, French, and Dutch pirates.

Leon, Nicaragua

Cathedral de Leon

The Church of San Francisco

Built in 1639 by Friar Pedro de Zuniga, this church was part of the Convent of San Francisco – one of the oldest in Nicaragua.

The Museum of Art – Ortiz Gurdian Foundation

This multi-building museum houses prime examples of Austrian, Cuzco, and Quito schools of art dating from the 16th century. Additionally, modern works in a variety of mediums make this a must-see for art aficionados.

The Mausoleum of Heroes and Martyrs

Located near the city center, this memorial honors the revolutionary spirit of Leon from its earliest Colonial Period to the present day. The wall mural is a dramatic depiction of Nicaragua’s history.

Leon, Nicaragua

Mausoleo de los Heroes y Mártires

The Festival of La Griteria

On December 8th, Nicaragua celebrates the Virgin of the Immaculate Conception, the patroness of the country. The night before, December 7th, is the festival of La Griteria – “The Shouting” which has special importance in Leon where the celebration originated.

Beyond the City Limits of Leon, Nicaragua

In addition to the various locations within Leon proper, there are many opportunities for adventure and sightseeing close by the city itself.

Leon Viejo Archeological Site

Located 19 miles from the city, Leon Viejo is the original site of present day Leon. Declared a World Heritage Site in 2000, sixteen ruins have been excavated including the tombs of both Cordoba (founder of Leon) and Pedrarias (the man who had him executed).

Volcano Hikes

Leon, Nicaragua is a great place to explore the natural beauty of the 37 mile long Maribios Volcano Chain. With 21 volcanoes all within a short distance of Leon, casual hikers and hard-core trekkers can find the unique adventure they seek.

Momotombo and Cerro Negro Volcanoes

The two most important volcanoes in Leon’s history are impressive locations to visit. Momotombo is the most famous volcano in Nicaragua and the reason for the present day location of Leon; Cerro Negro is one of the world’s youngest volcanoes (1850) and has played a significant role in the city’s history.

Poneloya Beach

One of the most popular tourist destinations in Nicaragua, Poneloya Beach is only a 20 minute ride from Leon on a good road. With abundant hotels and restaurants, Poneloya can be a delightful side trip to the Pacific.

Volcano Boarding

If extreme sports are your thing, volcano boarding (cross between snow and skate boarding done on ash) at 30 mph down the side of Cerro Negro could be the adrenaline rush for you. Located only 20 kilometers from Leon, this volcano has become a major location for those seeking the thrill of challenging nature and themselves.

Leon, Nicaragua – Getting There Is Easier Than You Think

Leon, Nicaragua can be reached by flying into Managua International Airport and then driving roughly an hour and a half to Leon. The flight time from the U.S. is roughly two hours.

There are inexpensive shared shuttle services that run from the airport to the center of Leon.

There are a number of commercial bus operators that actually operate throughout Central America. TicaBus, the most popular carrier, stops at most major cities and capitals throughout the region including Managua and Leon; King Quality is a higher-end bus service to Leon offering more comfortable coaches and food service.

Nicaragua – Unlimited Potential for Living and Investment

With a strong commitment to developing and improving its infrastructure, Nicaragua is fast becoming a prime location for investors and expats. With a lower cost of living and more affordable properties, development and growth in both short and long term is virtually assured.

Leon, Nicaragua – An Economical Choice

Leon, Nicaragua’s prices are among the most affordable in Central America. Apartment rents range between $200 to $1000 per month; utilities (water, electric, heat, garbage) between $90-$100; and internet and cable $35-$85 (depending on usage).

Infrastructure Improvements Enhance Leon’s Appeal

Nicaragua recently approved $6.5 billion to improve and upgrade all facets of its infrastructure. With the Rural Roads project funded by a $40 million grant from the World Bank and a $35 million dollar loan from Inter-American Development bank to improve electrical service, Nicaragua is actively working toward enhancing its standing as a place to invest, relocate, retire, and live.

Unique Opportunities for Expat Living in Leon, Nicaragua

In a recent interview, Jordan Clark, of Aurora Leon Realty, had this observation:  “I think we will be seeing a lot of new construction on our beaches and in Leon. The market is really starting to pick up and become attractive for investment potential, vacationers, and people interested in retiring.”

As to who exactly was taking advantage of what Leon has to offer and buying in the area? Jordan Clark replied: “Mostly Americans, Canadians, and Europeans.”

What Kind of Property Is Available in Leon, Nicaragua?

Leon has a unique blend of classic colonial style properties, new construction projects, land that can be used to build your dream home, and commercial opportunities. Researching the possibilities can show you exactly all the potential that Leon, Nicaragua has for investment and living options.

The historical district is filled with colonial properties that have their exterior look protected by law. Many expats are purchasing and refurbishing these classic structures while helping Leon retain its unique ambiance.

Can Expats Own Property in Leon, Nicaragua?

The answer is an unequivocal YES!! With certain exceptions involving beachfront property governed by the 2009 Coastal Law that prevents the purchase of land within 50 meters of the high tide line and oceanfront lots eligible for purchase only if registered before a 1917 agrarian reform law, expats enjoy the same property rights as Nicaraguan citizens.

Leon, Nicaragua – Unlimited Possibilities, Tropical Escape

As the interest in Leon, Nicaragua continues to grow, the location becomes an attractive investment option to buy and develop properties that will have an appeal to expats. The special blend of “tropical escape” with an improving infrastructure and growing expat population will create a ready buyers’ market and the potential for a high return on investment.

Is Leon, Nicaragua the Ideal Location for Everyone?

With all of the potential, improvements in the infrastructure, and the encouragement by the government to attract expats and investors, Leon’s historical, cultural, and natural attractions certainly are magnetic draws for those seeking new frontiers and investment possibilities.

Like many emerging nations, Nicaragua is going through “growing pains” in terms of modernization and amenities. If an accessorized, urban type of living is what appeals to you, Leon, Nicaragua is probably not your ideal location.

Although continuing to grow, the expat community is relatively small in Leon. While this provides the chance to truly become immersed in Nicaraguan culture, those who aren’t comfortable with learning Spanish may find the transition difficult.

Lastly, one of the most charming aspects of Leon, Nicaragua is the pace of life in general. If moving to a more relaxed pace without the stress of a typical “westernized” environment appeals to you, Leon may be the answer to your quest.

Ultimately, the only way to know if Leon is your “tropical escape hatch” is to visit and find out for yourself.

Map of Leon, Nicaragua

Leon, Nicaragua Fast Facts

  • Population: 400,000
  • Typical temperature: Most days are between 82 and 88 F, year round
  • Major airports with U.S. flights: Augusto C Sandino Airport located in Managua, Nicaragua
  • Nearest U.S. consulate: Managua, Nicaragua

You may think that owning island property in the Latin tropics isn’t possible within the budget you’ve set for your expat home abroad.

Prepare to be pleasantly surprised.

It’s true that, due to its high demand, island property may tend to run a little on the pricey side.  (After all, there is only a finite amount of it available.)  But, depending on the level of development and the number of amenities you’re seeking, it’s entirely possible to find remote real estate to fit any budget.  

In fact, check out these 10 places you can own an island, or at least a nice-sized chunk of one, for $500,000 or less.

Roatan-lot-for-sale

Alligator Caye, Belize: $99,000

Just reduced from $169,000, this property includes 10.7 acres on the southern end of Alligator Caye.  It’s off the coast of Belize, slightly north of the town of Dangriga.  The Belize Barrier Reef, the second largest in the world, lies just a few hundred yards in front of the property.

It can be reached by boat in 30 minutes from Dangriga or just 45 minutes from Belize City.  A lagoon on the back of the island, to which the property has access, offers sheltered boat mooring.

This completely undeveloped island is a blank canvas in a popular area near the country’s largest tourist attraction, the reef.  The area has been designated as a World Heritage Site due to its ecological importance.  It’s also a great spot for fishing.

Boca Chica, Panama: $199,000 – $449,000

Video of a Glass House for Sale on Boca Chica Island

Boca Chica Island is a gem of a destination located just off Panama’s Pacific Coast in the Gulf of Chiriqui. Surrounded by over 50 mostly uninhabited islands, as well as some of the world’s best sport fishing, it’s currently one of the hottest places in the country to buy property. And it’s our only island project.

This is due largely in part to the newly expanded international airport in David, a number of other large infrastructure projects, and some really incredible scenery.  It’s a beautiful place to call home, and it’s an even better place to invest in real estate.    

There aren’t a ton of lots still available in the island’s Adventure Colony development, but what’s left is still a great bargain.  You can get three acres full of old growth coconut trees, with a level spot that’s already been cleared for a home site, for only $199,000.  It sits at the corner of a sandy beach and offers access to a private dock, as well as its own fresh water well.

Also on the island is a contemporary home with three bedrooms and two baths that comes complete with a fully modern kitchen, a solar power system, premium finishes, custom furniture, and air conditioning throughout. Its private dock is right in front of the home, which sits on .75 acres.

It also has a freshwater spring, a large storage bodega, and mature fruit trees.  There’s even a caretaker who can continue to provide service to the property if you so choose.  All this can be yours for only $449,000.

islands under $500k

Belize Tropical Caye

South Saddle Caye, Belize: $300,000

Located off the southern tip of larger Saddle Caye, this island property offers a whopping 2.3 acres, making it a steal of a deal.  The island has tons of coral along its southern and eastern shore lines.

On the eastern side, there’s a steep drop-off to over 50 feet, making it great for snorkeling.  The western side has a shallow entrance that slopes quite gradually and is perfect for swimming in the beautiful water that’s characteristic of the area.

The western shore also has a great sandy area that would make a great beach after a bit of much-needed clearing.  There are large black mangroves in many spots across the island, indicating a solid footing for building.

islands under $500k

View from Cay, Satanoid

Secret Island, Belize: $350,000

Located just seven miles off the coast of Belize, Secret Island is a Caribbean getaway that offers loads of potential.  At 2.5 acres, it offers plenty of room to build a few houses.  There’s also a great beach and a deep cove to allow for a dock.  

You would likely need to sand fill the island, in order to have a solid base for construction.  Since it’s close to the mainland (roughly a 20-minute boat ride), the transport of building materials would be relatively simple.

The island’s landscape is remarkable with red and black mangroves surrounding it.  The water is shallow, only knee deep at 30 yards out in some places.  The island offers views of the mainland, as well as several other islands that are within a mile away, and the entire area is a UNESCO World Heritage Site.

islands under $500k

Island in Lake Nicaragua, Kristian Golding

Granada, Nicaragua: $350,000

This small island is located in Lake Nicaragua, the largest freshwater lake in Central America.  At just under a quarter of an acre, it has just enough space to hold a large three-bedroom, four-bath home and gardens with mature coconut trees.

The home has several terraces and a system for heating water from the fresh water well.  There’s also a caretaker already on staff.  The home is just five minutes from the nearest dock and 45 minutes from the capital of Managua.

islands under $500k

Turneffe Point Caye, Serge Melki

Turneffe Point Caye, Belize: $350,000

With a whole acre to develop as  you choose, this island on the north tip of Turneffe Atoll is a real bargain.  It’s protected by the Belize Barrier Reef, which lies just 500 yards away.  As a result, the water around the island is calm, even on the windiest of Caribbean days.  

For access, the island is 28 miles away from Belize City, making it the perfect secluded destination.  In addition to exploring the reef, it’s also a great spot to enjoy flats fishing.

islands under $500k

Isla Paloma

Isla Paloma, Panama: $400,000

This .25 acre island is located in the peaceful Isla Paloma off Panama’s Caribbean coast, near Bocas del Toro.  It has a white sand beach and too many varieties of fruit trees to name.  It’s surrounded by a shallow lagoon and mangroves that help protect the island from erosion.

There’s little tide fluctuation and no history of hurricanes in this area.  The island enjoys a mild tropical climate (averaging around 80 degrees).  It’s also fully self-powered with its own water source, allowing for the possibility of year-round living or use as an income property.  

The home itself has two bedrooms and one bath, plus a loft space.  It’s fully furnished and includes all kitchen equipment, electronics, linens, and decor.  Outside there’s a beautiful garden, party shack, and swim dock for entertaining.

The boathouse has five boat slips (two covered) and includes a 26′ panga style boat with an 85 hp Yamaha engine.  There are also water sport toys and equipment, such as skiis, snorkel gear, ropes, life jackets, and a canoe.  The separate workshop also comes with all the hand and power tools you’ll need to keep up the property.

Supplies can be obtained from the local town of Loma Partida, which has groceries, hardware stores, restaurants, and some activities.  The nearest regional airport is 25 minutes away.

Roatan Beach for Sale

Roatan, Honduras: $469,000

Located on the popular island of Roatan, this property includes a well-constructed two-bedroom home, plus a separate apartment, that’s the perfect place to launch your very own sport fishing or aquatic excursion company.  In fact, the current owners have already laid all the groundwork for a successful tourism operation.

The home includes high end finishes and an updated kitchen with modern appliances.  There are two more bedrooms in the lower level apartment that has its own private entrance and patio.

As if this weren’t enough, the home also includes a tricked out boathouse, complete with a full kitchen and barbecue area, four private docks, and plenty of areas for lounging.  There are two boat lifts, an overhead deck, and tons of storage.

If a tourism business is in your plans, the owners have their successful charter business for sale.  Other income options include rental of one of several boat slips or of the downstairs apartment.  The possibilities with this property are literally endless.

islands under $500k

Bocas del Toro, Jacob Kirkland

Isle of Navarro, Panama: $500,000

This island is located out from Dolphin Bay near beautiful Bocas del Toro.  In addition to the generous nine acres of dry island, there’s also a 2800 square foot house that’s built out over the water in the popular style of the area.  There’s also a separate residence that can be used for guests or a caretaker.

The island is covered in lush vegetation, which includes pineapple plants, coconut palms, orchids, and banana and papaya trees.  It also comes with a 26′ boat with 40 hp motor as well as two generators for power.

Among its other amenities include the island’s proximity (only five minutes by boat) from Bocas del Toro, the country’s top tourist destination.

islands under $500k

Nicaragua Island, Steve Summers

Pink Pearl Island, Nicaragua: $500,000

One of the Pearl Cays, this two acre island is only three miles off Nicaragua’s Caribbean coast.  Although it could also work as a private personal retreat, the property is currently being used as a tourist business, making it the perfect turnkey property for the entrepreneurial expat.

The options are endless, as the area is great for both sport fishing and scuba diving.  It’s a beautiful piece of property with turquoise waters and white sand beaches.  It’s protected by the surrounding reefs and other islands and covered in lush flora and fauna.

Structures on the island include three cabanas, each with two double beds and a private bath, an eight-person bunk house with shower room, and a circular main house with a downstairs kitchen and living area and an upstairs master suite with a balcony that offers 360 degree views of the island.  There’s also a restaurant/bar with bamboo tables and chairs and a workers’ cabin with kitchen and bedroom space.

The island is easily accessible by boat, but you can also charter a helicopter from Managua or the nearby Bluefields or Corn Islands.  There’s a pier on the front of the island, and the purchase includes a 25′, 150 hp speedboat, “The Black Pearl.”

Other features include a heart-shaped swimming pool and a small bamboo beach shower.  The property is powered by a 5500-watt generator and is wired for cable and phone service.

So, don’t give upon your dream of owning an island just yet.  Check out our island real estate listings to see what’s available, or ask us how we can help.

Viva Tropical Radio

Viva Tropical Radio

It’s time for the second installment in our series of the Central America Real Estate Show. Today we bring you three new Real Estate Experts in three new Central American hotspots.

We talk to Mike Cobb, long time Nicaraguan developer about the real estate climate in this beautiful country and his current project, Gran Pacifica. From him you will learn why the Nicaraguan lifestyle is so attractive and a great value.

Next is Panama. Lucy Haines, founder of Panama Realtor and the largest broker in Panama, joins the show with her unique perspective on where to look for real estate in Panama and why.

And last, but certainly not least, we head to one of the hottest real estate markets in Costa Rica. Josh discusses why this place is so popular with local Jeff Grosshandler of First Choice Remax in Nosara, Costa Rica. Usually low prices drive the market, but this place isn’t cheap, so we do the deep dive into the market to find out why it is what it is.

 

Listen to the show

You can listen to the show using the player above or grab it and listen on the go via one of the following options:

Resources

  • Learn more about Panama residency at our podcast here
  • Learn more about Costa Rica residency at our podcast here
  • Viva Tropical Complete Guide to Nosara, Costa Rica
  • Our guide to evaluating real estate by Market Stages
  • Pay Dirt! our How to invest E-book for FREE get it here

The Show Notes

 

Mike Cobb, Gran Pacifica (Interview starts at minute 3:00)
  • Learn more about Mike Cobb and his Gran Pacifica project here
  • See ECI Development, Mike’s development company, here
Lucy Haines, Panama Realtor (Interview starts at minute 33:58)
  • Learn more about Lucy Haines, founder of Panama Realtor, here
Jeff Grosshandler, Remax First Choice Nosara (Interview begins at hour 1:01:50)
  • Learn more about Jeff Grosshandler, Remax First Choice, here
  • Get the Nosara Real Estate Report here

When planning a visit to or an excursion from your home in Central America, there are probably a lot of activities that come to mind. You could relax by the beach, visit an ancient colonial city, sail out for some great fishing or scuba diving opportunities, or a whole host of other adventures.

But for a truly one-of-a-kind experience, we recommend you give one of Central America’s many volcanoes a go. Hiking to the peak of some of these amazing natural landmarks is a great way to see the region from a whole new vantage point, get your adrenaline rushing, and build your collection of tropical expat bragging rights.

Due to its high concentration of active and dormant volcanoes, you won’t have to travel far from where you live or plan to visit in order to find a volcano to climb. Here are a few of our favorites and the features that make each of them so intriguing.

central america volcanos

Jono Hey

Tajumulco, Guatemala

For travelers that are just starting to explore the wilder side of traveling with volcano tours, Tajumulco is a great place to start. As one of the highest mountains in Guatemala, it is a great hike. Although it is a high mountain, it is not nearly as high as many of the other volcanoes throughout Central America.

This volcano is also a great option for travelers who are wary of hiking a volcano. It has not erupted in many years, and has had the least amount of eruptions out of all of the volcanoes in Central America.

This volcano is a great place to start because it has not erupted in years, it is a lower height mountain and it is an easy hike even for beginners. The altitude adjustment is the worst part of the hike, and it will often be started overnight to ease the complications of altitude adjustment.

Hikers can even expect to take a bus up the volcano for a small part of the hike. This is a great volcano to visit for first-time volcano hikers and experienced volcano travelers alike.

central america volcano

Adalberto.H.Vega

Massaya, Nicaragua

If you are a traveler who wants a more unique volcanic experience, the Massaya volcano is the place to be. It is one of the only active volcanoes in Central America that is safe for visitors to view. It is not a typical volcano – it does not spew lava, but is constantly spitting out fumes from the top.

Visitors can drive to the very top of the volcano to look into the top of the volcano. The most popular place to see in is the largest of the volcanic craters. While it is a somewhat safe journey, it is still a good idea for novice volcano viewers to take someone who is more experienced. There are various tour services that help people get the most out of their Massaya experience.

One thing to note when it comes to the Massaya volcano is that it may not be what visitors have expected. When people picture a volcano, they picture a cone shaped mountain figure. The Massaya is not cone shaped, but has a flat top to it. It is more of a mound than a mountain.

Many visitors also expect to see molten lava in the volcano when they look in. Visitors who are expecting lava may be disappointed if they go during the daytime. Due to the fumes that are constantly rising from the volcano, lava can usually only be seen at night.

central america volcano

The Rohit

Arenal, Costa Rica

The national park located in Arenal has plenty to offer its visitors. With everything from ATV rides to canopy rides high above the park and tours through the relaxing hot springs, there is something for everyone. All of this is possible due to the volcano that stands above the park and is a constant reminder of why these things are there.

This volcano is an active one and was one of the only active volcanoes in Central America for many years. Due to the fact that it is an active volcano, visitors are not able to access the rim of the volcano.

While it is not possible to visit the rim of the volcano, visitors will not be disappointed with the amount of activities they can do from the base of the volcano. The park offers daily tours around the base, offers canopy rides to get a unique view of the volcano and guided tours into the geothermal springs where guests can soak after a day filled with activity.

central america volcano

Monty VanderBilt

Cerro Negro, Nicaragua

For the more adventurous volcano explorer, Cerro Negro offers the ultimate volcano experience. The lower elevation of this volcano, which stands right at 2,000 feet, makes it much easier to hike. Cerro Negro is also made up of volcanic sand on one side, making it the ideal volcano for volcano boarding.

This extreme sport is done through the use of a wooden board and can only be accomplished when on volcanic sand. Boarders start toward the top of the volcano and ride their volcano board down to the base of Cerro Negro. This can only be accomplished on volcanoes that have lower elevations, and on ones that do not have steep incline.

While this volcano may not be the most popular one in Nicaragua, it has a very different offering than the Massaya. It is a newer volcano that does not have quite the same history as the others in Central America – it’s only around 150 years old.

Although it is not as old as some of the others in the area, it is possibly one of the most active. Since it was discovered until the turn of the century, it erupted 20 times. It has not erupted since 1999 and is considered to be moderately safe.

Pacaya, Guatemala

Travelers that are looking for some of the best views from a volcano can greatly benefit from the Pacaya in Guatemala. It is an active volcano that hikers can enjoy. It is a taller volcano, at 8,000 feet. While the Pacaya is tall, it is a somewhat easy hike.

It will take most of the day to hike and hikers must be sure that the volcano is at a safe point when they are deciding to hike. Since it is active, there are many things that could compromise the safety of hikers. It last erupted 2 years ago, but there has not been much lava seen in between its eruptions. Choosing to visit this volcano may be for some of the most daring hikers, but it is sure to give some of the best views possible.

Whether you choose one of these or any number of other volcanoes to climb in Central America, make sure your adventure is one that’s well-suited for your health and fitness level. Hire a guide where recommended, and make sure to always use common sense for the sake of your safety.

Oh, and take lots of photos! Anyone can snap a great pic of a Pacific Coast sunset while vacationing in the tropics. Not everyone can say they took that photo from 8,000 feet atop an active volcano!

Everyone who has ever dreamed about owning property has, at one point in time, dreamed of owning their own island. Who wouldn’t want to be a Richard Branson, David Copperfield, or Larry Ellison, king or queen of their own domain?

We are here to dispel the myth that you must be a billionaire or world-famous magician to own your own island, or a piece of one. You, too, can own a piece of paradise. Let’s take a look at some amazing island options, right here in Central America.

bocas del toro panama

Joy Drive

Bocas del Toro, Panama

You can own a piece of Isla Popa in the Bocas del Toro island chain off the Atlantic shore of Panama. Discovered by Christopher Columbus in 1502, this chain of islands features plenty of ecotourism opportunities, including Parque Internacional Amistad, a UNESCO World Heritage Site. Whether you enjoy diving, surfing, or a beachside piña colada, Bocas del Toro has you covered.

What you can buy

A piece in Isla Popa will set you back $220,000, but that includes 9.1 hectares of land, a 30 ft. deep natural harbor, a two-story, two-bedroom wooden home, and a natural spring with swimming hole.

pearl islands panama

Gaspar Serrano

Pearl Islands, Panama

Shifting to the Pacific coast of Panama, we find the Pearl Islands. Only thirty miles off the coast of Ciudad de Panama, the most famous and most populated of these islands is Isla Contadora, which features white sand beaches, several bars and restaurants, and a great diving scene.

Want to Move to Paradise?

Think about Isla Del Rey in the Pearl Islands, which offers 130 acres of beachfront land, and can be yours for $4,500,000.

stann creek belize

Belizian Way

Stann Creek, Belize

Located in the southeast of Belize, the Stann Creek District features many beautiful parks and reserves, including the Cockscomb Basin Wildlife Sanctuary and Victoria Peak, the second highest mountain in Belize.

Go for the Whole Island

Little Coco Caye in Belize is for sale. This is a five acre island with great diving and fishing. The offer range for your own island is between $365,000 and $395,000.

bluefield nicaragua

Bluefield Nicaragua

Bluefields, Nicaragua

The actual town of Bluefields is very developed, with about 50,000 English-speaking citizens within its borders. It is located about 50 minutes by air from Managua, the capital of Nicaragua.

Rustic Island Living

Go rustic in Bluefields where you can purchase a two-bedroom home with generator, septic system, and water, as well as an infinity pool, small caretaker home, cement pier and white-sand beach. This island located an hour by boat from the town of Bluefields, Nicaragua offers up a fully-developed 2.5 acres for $560,000.

buy an island

Gonzlaught

Pink Pearl Island, Nicaragua

Again located off the Caribbean coast of Nicaragua, Pink Pearl Island features reefs, palm trees, and quite an impressive amount of infrastructure. It’s a great island retreat for a week, month, or as long as you like.

A Vacation Villa Like No Other

Three cabanas on the island can be used for tourism, a ‘shack’ with four bunk beds and a shower room, and a main house with one bedroom, living area, full kitchen, and wraparound balcony. There is also a bar and restaurant on the island. All of this can be yours for $500,000!

diamond caye honduras

knotinvein

Diamond Caye, Honduras

Shifting to the country of Honduras, Diamond Caye is located off the western end of Utila Island, and is non-developed. Like a clean island slate where your imagination can run wild. With 1.43 acres in the Bay Islands, the reef around Diamond Caye is some of the best diving in the Caribbean,

No Rules Apply

This island is only 20 minutes from East Harbour on Utila where you can stock up on necessities and take a moment to embrace society before heading back out to paradise. This tropical dream could be yours for $650,000.

isla golfito costa rica

Gregorio

Isla Golfito, Costa Rica

Departing from the white-sanded coasts of the other islands we’ve covered in this article, the Island Golfito is a jungled barrier island, located right in front of the town of Golfito.

Close, Yet Far Enough Away from Civilization

Over two miles long and one mile wild, the island listing offers 34.5 acres of decidedly off-grid living, with the island hosting ‘more monkeys than humans.’ Close enough to the mainland to require only a kayak or rowboat to shore, Island Golfito would be a perfect option for those wanting to get away from it all. And, at a $130,000, the patch of land is quite a steal!

So, What Next?

I’m sure many of you are much more interested in owning a swatch of your own island now that you’ve seen some of the options available all across Central America. Where do you begin?

Start by looking at some islands for sale!  And if you just aren’t ready to think about buying an island, here are a whole bunch more properties around Central America.

private island in nicaragua

Andrew Hall

You may know Nicaragua for its affordable living and quaint colonial cities.  But have you ever considered the country as a contender for island living?

If not, then it’s time you did.  Nicaragua has a number of great island options for those looking to buy their very own private island.  Or at least a sizeable lot on a larger isle.

Here are a few reasons Nicaragua is such a fantastic choice for those considering island life.

1.  Much of Nicaragua is still undiscovered.  At least…for now.

Located just south of Costa Rica, one of Central America’s biggest tourist draws, Nicaragua has historically flown just a little further under the radar.  Not known as a vacation hotspot like some of its neighbors, the country has attracted a more adventuresome breed of pioneering expats.

However, even so, the vast majority of expats and retirees have gone elsewhere when seeking their dream destination in Central America.  That is, until recently.

The Nicaraguan government has been investing significantly in its country’s future as a tourist destination and expat haven.  They’re spending much-needed dollars on infrastructure and getting the word out about factors like the country’s affordability and safety.

As a result, more and more North Americans are adding Nicaragua to their short list of places to live abroad.  There are still plenty of isolated properties and real estate bargains to be had.  But those wanting to buy an island in Nicaragua while it’s still up-and-coming (before it truly arrives) had better act fast.

2.  Speaking of bargains, Nicaragua offers a lot of island bang for your buck.

Generally speaking, island properties are more expensive than their mainland counterparts.  One reason is because of their scarcity.  You can always tack on more floors to a high-rise condominium development.  You can’t construct a new island.

However, while islands are more expensive in comparison to other properties, Nicaraguan islands are a steal compared to the rest of the Caribbean.

Not only is the real estate itself affordable, but the cost of living in Nicaragua is another thing that makes buying an island there an appealing option.  Most couples can get by on as little as $1200 per month.

private island in nicaragua

Zsuzsa Poor

3.  The archipelagos of Nicaragua offer the quintessential island experience.

Since Nicaragua borders Costa Rica, it offers much of the same natural beauty, great surfing, and near-perfect weather as its more popular (read: more expensive and crowded) neighbor.

Many of its islands are inhabited by nothing but lush vegetation and a myriad of rarely seen wildlife.  Their beaches offer wide stretches of golden sand.  The waters are calm.  There are great spots for diving, fishing, and more.

The more populated islands are equipped with a few restaurants, reggae bars, and humble tourist accommodations.  But even those areas still offer that Robinson Crusoe solitude just a few yards off the beaten path.  

There’s also a lot of authentic culture in Nicaragua.  The locals are friendly, as are the relatively few expats who call the country home.  The lifestyle is laid-back, and the pace is as slow as you could hope for.

4.  With two oceans and a gigantic lake, there are plenty of island options available.

The islands of Nicaragua don’t get a tremendous amount of press, compared to some of their Central American competitors like Ambergris Caye, Belize, and Roatan, Honduras.  But the country actually has a surprising number of islands to choose from.

There’s the Corn Islands in the Caribbean, with their beautiful unspoiled beaches and glistening turquoise water.  On the Pacific side of the country, Lake Nicaragua (the largest in Central America) also has a number of options, such as Ometepe Island.

For those who prefer a private island all to themselves, rather than a small lot on one of theses more populated choices, there are hundreds scattered throughout both oceans.  You can find one that’s completely untouched or even an island complete with a guest house, docks, a swimming pool, and a full-time caretaker.

private island in nicaragua

Kristian Golding

5.  Buying an island in Nicaragua can be relatively painless.

Finding your dream property is the first hurdle to overcome in the buying process, and luckily there’s quite a bit of inventory available on the islands of Nicaragua.  You’ll need to understand the nature of Central American real estate, as realtors and firms don’t work together in cooperation like they do in first-world countries.

Once you find a property, you’ll need to do your due diligence before you sign on the dotted line.  Research things like any zoning issues, whether the island has any problems with erosion, and what you’re allowed to build on the property.

Note: This type of investigation is best handled by a qualified attorney who has LOTS of experience with land transactions (and islands, in particular) in Nicaragua.  It’s so important to thoroughly research the title to ensure there are no other liens or claims to the land and that the seller does indeed have the ownership rights to be able to sell the land in the first place.  Once you’re comfortable proceeding, the rest is about what you’d expect.

Do know that it’s buyer beware, so all the work you and your attorney do on the front end is absolutely invaluable in exchange for the peace of mind you’ll have when you’re confident in knowing the property is yours fair and square.

private island in nicaragua

Alba Sud Fotografia

There are a lot of great island options in Central America, and Nicaragua is only one of many.  If you’re interested in the concept of island living, but want a place that’s a bit more established in terms of infrastructure and commerce, take a look at Boca Chica, Panama.

Map of Nicaragua

Nicaragua Fast Facts

  • Population: About 5.99 million
  • Typical temperature: There are three temperature zones in Nicaragua. In the lowlands (Pacific and Atlantic coast) temperatures vary roughly between 72° F at night and 86° F at daytime (22° C – 30° C). Temperature can reach 100° F in May (38° C). The central part of the country is about 9° F (5° C) cooler, and in the mountains in the north it’s about 18° F (10° C) cooler.
  • Nearest airport with U.S. flights: Managua
  • Nearest U.S. consulate: Managua
Granada, Nicaragua real estate

Steve’s Travel World

Granada, Nicaragua real estate is a popular choice among investors and would-be expats who are looking for a bit of a different experience than those offered by many popular tropical destinations.

While similar to many of its Central American competitors in its beauty and charm, Granada offers an adventurous and authentic experience that appeals to a uniquely special breed of expats.  

Granada, Nicaragua Real Estate Stands Out from Its Surroundings

One of the most important factors that makes real estate in Granada so distinctive is the way the city functions as a sort of oasis among the Nicaraguan wilderness.  While the country is Central America’s largest area-wise, it’s also the least populated.

Much of the nation is uninhabited and lacks modern amenities and infrastructure.  Yet, there amidst it all is Granada real estate, the city that has stood since it was first established as one of the continent’s earliest settlements.

Among its attractions is its ancient Spanish colonial architecture, which consists of block buildings, vibrant colors, clay tile roofs, and open courtyards.  The beautiful buildings are situated along cobblestone streets lined with horsedrawn carriages and dotted with shady parks.

While it may seem for a moment like you’ve traveled back in time, the first world comforts available in Granada will quickly zap you back to reality.  Although the city is quaintly traditional, it still enjoys such modern amenities as reliable utilities, phone, and internet service.  Not to mention luxury hotels, four-star restaurants, and state-of-the-art fitness centers.

Granada, Nicaragua Real Estate

Khaufle

It Offers a World of Adventure Right at Your Fingertips

In addition to these conveniences, Granada also benefits from close proximity to a number of natural attractions that lure adventure-seeking expats from all around the globe. Surrounding the city are forests, farmland, lakes, volcanoes, rainforests, and even the nearby Pacific Ocean.    

The city itself is located on Lake Nicaragua, one of the largest freshwater lakes in the world.  The lake is dotted with 365 tiny islands, many of which are inhabited.  It’s also home to the world’s only freshwater shark that adapted, along with a number of other species, to a salt-free life after the lake was formed by a volcanic eruption thousands of years ago.

Also nearby is the towering Mombacho volcano, which affords spectacular views of the lake, as well as opportunities to see howler monkeys, birds, reptiles, and deer.  The Laguna de Apoyo, the local swimming hole that’s one of three volcanic lagoons, is another great place to spot exotic species of flora and fauna.

If you’re looking for more than swimming, you can head on over to the coast, which is about a 90 minute drive from Granada.  There you’ll find some of the most beautiful beaches in Central America, popular among surfers from around the world.  

Granada, Nicaragua real estate

Boris G

How Granada Bounced Back from Near Demise

Granada has long existed as a sleepy little colonial town nestled in the middle of a largely underdeveloped region. However, almost 30 years ago it lacked much of the appeal it possesses today.

The country itself was debt-ridden and bankrupt, and the ancient city had suffered as a result.  Much of the town looked forlorn and weary, and its historic buildings were deteriorated and in disrepair.

Around 1990 the country launched an initiative to encourage foreign investment and assistance, and aid began to pour in.  Sources included American and European expats and investors, as well as substantial interest from the Spanish government.

Foreigners began to purchase Granada, Nicaragua, real estate, buying up historic buildings and turning them into residences, rental properties, and new businesses.  The growth was steady until around 2007 when the global economy took a hit, but it quickly resumed once the market began to bounce back.

Today Granada is a hubbub of construction and improvement projects.  It’s the most rapidly growing city in a country that has one of the fastest GDP growth rates in the region.  

The city’s infrastructure has also come a long way, with plenty of access to cable and cell service.  There are Internet cafes, libraries, health food stores, and still plenty of room for investment opportunities.

Granada Offers Incentives for Expats and Investors

To encourage continued growth and development, the Nicaraguan government has implemented several incentives that make living and investing there quite appealing.

Law 306

This bill offers a number of tax-free incentives to those who invest in the tourism industry and real estate development. Those who qualify can be exempt from taxes on real estate for up to 10 years.  This even includes a savings of between 80-100% on the income tax applicable to rental profits.

Other benefits include sales tax exemptions on supplies purchased for tourist projects and exemptions from the transfer tax applied to real estate transactions.  Since its implementation in June of 1999, the country has approved well over 400 tourism projects for a total of close to $3 billion in investments.

Decree 694

More recently, the Nicaraguan government followed the lead of some of its Central American neighbors and began offering a package of retiree discounts and tax exemptions.  Qualifying individuals (those over age 45 who have a minimum monthly income of $600) can import their household goods (up to $20,000) and a vehicle (valued at $25,000 or less) with no tax repercussions.

They can also bring in another car duty-free every 5 years and receive a tax exemption of up to $50,000 on the cost of building materials for constructing a home.

granada, nicaragua real estate

Adalberto.H.Vega

One of the Biggest Benefits of Buying Granada, Nicaragua Real Estate

If its authentic charm and gorgeous natural surroundings aren’t enough to make you fall in love with Granada, then its price tag may do the trick.  Despite the fact that it’s an established destination with many of the same amenities as some of the top expat havens, Granada is a surprisingly affordable city.

Inexpensive luxuries like an hour long massage ($20) and a meal in a high end organic cafe ($4) allow for an exceptionally high quality of life on an extremely reasonable budget. In fact, with affordable rental rates to round out the equation, many couples find they’re able to live on a budget of a mere $1200 per month on average.

Even though it’s considered prime real estate, and valued slightly higher than most other areas in the country, Granada is still a very affordable place to live, invest, and raise a family.  From real estate to a four-course meal, most things still cost at least half what they would in the U.S.

Granada’s Expats Are Truly Special

Many Latin cities have their own close-knit expat community.  But Granada’s is a unique group.  Perhaps due to the city’s status as an established town in the midst of an underprivileged area, many of its expats share a strong commitment to volunteering and improving the living standards of the surrounding community.

Its foreign population includes many teachers, anthropologists, environmentalists, agricultural specialists, and even students looking for some hands-on experience with humanitarian projects.  There are schools, research programs, health clinics, and a number of other opportunities for employment and volunteer work.

As a result, much of Granada’s expat population is youthful and energetic. With the low costs of buying real estate and starting a business, many young entrepreneurs are choosing Granada as the perfect place to start their businesses or try out self-employment.

granada, nicaragua real estate

Craig James

Granada, Nicaragua Real Estate Options

Another great thing about Granada is the wealth of property types and living options it offers.  There are colonial homes in the historic district, many of which now boast air conditioning and swimming pools, for between $150,000 and $250,000.  You can also buy one that needs fixing up and do the work yourself, or just rent a room in someone else’s colonial mansion for a mere $400 per month.

Some expats have taken these historic homes and turned them into properties that double as both their residence and business or office.  Still others opt to rent properties on the outskirts of town, where many claim to be able to live more like the locals and get by on only $800, including rent.

Granada, Nicaragua real estate

Sally South American Cruise

What Your Money Will Currently Buy in Granada

For comparison’s sake, here are a few properties that are currently on the market in Granada, Nicaragua.

  • A mere $69,000 will get you in a 2 bedroom, 1 bath fixer-upper that’s a 5 minute walk from the Central Park, with its restaurants, bars, and market.

  • $165,000 buys a turn-key 2 bedroom, 2.5 bath property in the city center that was recently remodeled and includes a pool and second-floor terrace.

  • Your $185,000 investment can purchase a 3 bedroom, 4.5 bath home that’s 2 blocks from the main strip.  It has walk-in closets, several gardens, dedicated parking, and an ornate iron fence that encloses the entire property.

  • For $215,000 you can buy a 3 bedroom, 2 bath home within walking distance of the Plaza Central and all its dining and shopping options.  It includes a pool and terrace with views of Volcan Mombacho.

As a destination that hasn’t [yet] seen quite the boom that some other Central American cities have experienced, Granada is an excellent choice for expats and investors who don’t want to feel like they’re buying at the top of the market.

And with its entrepreneurial, philanthropic, and adventurous set of expats, the city’s appeal is likely to continue to grow in the coming years.  As a result, it’s a great place to invest and an even better place to start a new chapter of your life. For everything you need to know about the Granada, Nicaragua download our starter kit today.

Map of Granada, Nicaragua

Granada, Nicaragua Fast Facts

  • Population: 117,569
  • Typical temperature: Most days are between 82 and 88 F, year round
  • Major airports with U.S. flights: Granada is served by Augusto C Sandino Airport located in Managua, Nicaragua
  • Nearest U.S. consulate: Managua, Nicaragua

The U.S. State Department estimates that there are currently 6.32 million Americans living overseas, in over 160 countries.  But where exactly are they choosing to reside?

Thanks to a new interactive map that uses migration data from the United Nations Population Division, we can now tell where Americans are living abroad (as well as nationals of any other foreign country).

Not surprisingly, many of the countries that top the list of popular destinations for U.S. citizens are located just to the south, in Latin America.  Due in part to their proximity, pleasant climates, and affordability, the countries of Central and South America are a natural choice for would-be expats who are looking to experience something new.

Here are a few of the most popular countries U.S. immigrants choose, along with what makes them such desirable destinations.

Bonus: Get in depth research on each of these countries and how they compare to each other. Click here to get access to the free report.

photo by Joseph Martinez

Joseph Martinez

849,000 Americans Live in Mexico

With an astounding number of U.S. immigrants (more than twice that of just a decade ago), Mexico is the #1 place Americans go when they leave the U.S.  It’s also more than twice that of the second most popular country, Canada.

In fact, you might also be surprised to know that more people from the U.S. have moved south of the border than Mexicans have moved north.  And the reasons for this choice are numerous.

For starters, relocating to Mexico is just easy.  It’s close.  There are plenty of other expats.  You can access the country with only a short flight, or even drive across the border if you really want to.

In many places the infrastructure is good, quality health care abounds, and it can all be had at a fraction of the cost of living in the U.S.  The long-standing U.S. expat presence has paved the way for newcomers, and there are plenty of the same U.S. franchises and name brands that foreigners recognize.

Yet despite its U.S. influence, Mexico maintains a rich culture that many say has been lost in other expat havens, such as countries in Europe.  Mexico’s immigrants claim the country is alive with possibility and a vibrance that just isn’t found anywhere else right now.

photo by Dave Bezaire

Dave Bezaire

39,000 Americans Live in Ecuador

Ecuador continuously battles nearby Panama for top billing as the world’s best place to retire.  In 2014 it lost by only .1 of a point, according to International Living’s annual survey.  Among the reasons for its consistently high scores are its unrivaled scenery and its extremely affordable cost of living.

A couple can live quite comfortably in most Ecuadorian cities on $1500 to $1800 per month, which includes housing and even luxuries like a part-time maid.  That same feat can be achieved elsewhere in Latin America, but it won’t come with the same quality of life.

Ecuador has historic colonial cities like Quito and Cuenca with their cathedrals and Spanish colonial architecture.  The weather in the mountains is pleasantly mild, and even on the coast the temperature rarely reaches 90 degrees.

There’s good private health care, particularly in the large cities.  Infrastructure is also improving, with enhancements like a new airport just outside Quito and the widening of the Pan-American Highway.

The country’s economy is stable and growing, The friendly and welcoming Ecuadorians are thriving, enjoying better lifestyles than previous generations.

photo by Sergio Quesada

Sergio Quesada

13,000 Americans Live in Costa Rica

For a few decades now, Americans have been flocking to Costa Rica for its natural beauty and the “pura vida” (pure life) atmosphere it offers.  Named the world’s happiest country, accordingly to the 2009 and 2012 Happy Planet Indexes, it possesses a lot of factors that contribute to an overall fantastic quality of life.

Both Costa Rica’s locals (called Ticos) and expats enjoy a much slower pace of life than U.S. residents are used to. There are plenty of options for healthy living, including yoga classes and organic food options.  The country is also committed to sustainability, and green initiatives abound.

The country’s public health system is among the best in the world (ranked higher than that of the U.S.).  After a monthly payment that’s based on income (between $50 and $150 for most expats) residents receive health care that’s completely free and includes routine visits, prescriptions, and even major surgeries.  No exclusions apply due to age or pre-existing conditions.

Costa Rica is safe, politically stable, and enjoys year-round warm weather, although the higher Central Valley is even milder than the tropical coasts.  There’s also a great pension program for retirees earning an income of $1,0000 or more from an outside source.

Best places to live

Bocas del Toro via Tysnfst

12,000 Americans Live in Panama

Edging out Ecuador to take the top spot as the best place to retire in 2014, Panama is a popular choice among expats for its convenience and affordability, as well as its unmatched retirement program.  Thanks to some new visa options, it’s also recently become an even easier place to live as an expat.

Its list of conveniences includes easy access, thanks to several international airports, a dollarized economy, widely-spoken English, and a thriving international community. The country is also undergoing a massive overhaul of infrastructure projects ranging from new highways and a metro system to an expansion of the canal.

Few Latin American countries can rival Panama’s variety and value.  It has quaint mountain cities flanked by rainforests and coffee plantations, laid-back Caribbean beach towns, and a bustling first world capital city that has a national park within its city limits.

Panama’s pensionado visa has always been a popular choice.  It’s available to anyone, regardless of age, who can prove $1,000 per month income from a guaranteed source. For those who qualify, the list of benefits and discounts are too extensive to list.

Much of Panama is more affordable than its Costa Rican neighbor, in many cases with the same or better amenities, making it a great place to invest in real estate or the growing tourism industry.

photo by Guillén Pérez

Guillén Pérez

8,000 Americans Live in Guatemala

Guatemala, known as the Land of the Eternal Spring, has also crept onto the radar of many U.S. expats in recent years.  Its popularity is largely due to the fact that it shares many of the same perks as its Latin American neighbors (slower pace of life, beautiful surroundings, close proximity to the U.S.), without being too overcrowded.

It’s also a bit less expensive than some of its competitors, with expat couples claiming the ability to live comfortably on well under $1500 per month. Domestic help, like the services of a maid or gardener, is only $2-$3 per hour.  And a week’s worth of fresh fruits and vegetables costs only $6-$10 at the market.  Real estate in Guatemala is also on the affordable side.

One of the country’s biggest selling points is its authentic culture, particularly the area around Lake Atitlan, a popular expat destination.  Located about 75 miles from Guatemala City, the lake is surrounded by volcanoes and a number of villages where natives still practice their ancient Mayan traditions.

Even closer to the capital is Antigua, which is full of cobblestone streets and colorful flora.  Much of the country enjoys a mild climate with warm days, cool nights, almost no humidity, and little need for either heating or air conditioning.

photo by David F. Barrero

David F. Barrero

4,000 Americans Live in Nicaragua

Two of Nicaragua’s most beautiful colonial cities, Granada and Leon, aren’t just impressive due to their shady parks and Spanish architecture.  They’re also among the hemisphere’s most ancient.

Granada and Leon continually vie for the title of Oldest City in the Americas.  Both boast colonial churches and public buildings, as well as plazas that are well-preserved specimens of the area’s rich history.

Equally breathtaking are the country’s two coastlines (one sand, one surf), its jungle and cloud forests, its lakes and volcanoes, its capuchin monkeys and rare orchids. Visually, Nicaragua is a rare gem, having much of the same ecotourism appeal as Costa Rica and Panama, just less discovered, less developed, and less expensive.

In fact real estate, even in some of the developed areas, is quite a bargain in Nicaragua.  Land on the Pacific Coast selling at 40-50% below its peak, and a small Spanish-colonial home in Granada can go for as little as $40,000-$50,000.  Many developers are quite eager to sell, offering special deals and discounts such as developer financing.

photo by Zhu

Zhu

3,000 Americans Live in Belize

Like its Latin American neighbors, Belize offers an amazing climate and an affordable lifestyle.  It also delivers stunning natural beauty, much of which is completely unspoiled.  Adventurous expats can explore its sandy white beaches, tropical rainforest, ancient Mayan ruins, mountains, waterfalls, and more.

Most notably, the warm waters off the coast of Belize are home to the world’s second largest barrier reef (the largest in the western hemisphere), which makes for excellent diving, snorkeling, fishing, windsurfing, and a number of other aquatic activities.

Also, as the only English-speaking country in Central America (due to its origins as a British, rather than Spanish colony), Belize is an easy place for expats to make themselves comfortable.  The country’s system of law is also based on British principles.

Another perk of living and investing in Belize is its stable economy.  It has one of the lowest inflation rates in the world and a number of tax benefits for residents and investors.  As a result, it’s also a popular offshore banking center.  

So, if you’re considering relocating to Latin America, those are a few of the places where you might be most likely to have other expats as neighbors.

But don’t read much into the numbers other than just that.  No single expat destination is right for everyone, so a country that draws thousands of new immigrants each year might have no appeal for you at all.

The decision to become an expat is life-changing one.  The process of deciding where is the fun part.  Start exploring today.

end-of-post-cta

Everything you need to know that happened in the last 2 months in Nicaragua.

Each day we sift through hundreds of articles in English & Spanish to bring you the very best ones from Central America.

From investment indicators to new infrastructure projects. Adventure stories to politics. It’s all here.

Nicaragua March 2014.

Martapiqs

Martapiqs

Nicaragua Lifestyle

nicaragua news

boris

Nicaragua Investment

nicaragua news

Dane Brian

Nicaragua Tourism

nicaragua news

Daniel Fajardo Valenti

Nicaragua Real Estate

nicaragua news

Antanacoins

Nicaragua Economy

  • Latin American Countries Should Ditch the Dollar for Bitcoin (Panama Post) – There is speculation that tech savvy young Latin Americans are looking for more ways to be free and independent, and they have it within their power to do so with Bitcoin.
  • The Most Important Alliance You’ve Never Heard Of (Carnegie Endowment) – The Pacific Alliance might be one of the most important economic alliances you have never heard of, whose members lead the lists of the most competitive economies in Latin America and those where it’s easiest to do business.Why is this important? Together, they represent 36 percent of the region’s economy, 50 percent of its international trade, and 41 percent of all incoming foreign investment.
  • Can Nicaragua’s economy sustain 5% growth? (Confidencial) – Bitcoin and economic alliance aside, despite being among the hemisphere’s poorest countries, public opinion in Nicaragua is consistent with macroeconomic data showing an economy that’s overachieving in many areas. The challenge now lies in how to accelerate economic growth to levels where Nicaragua can start to reduce its poverty rate.
nicaragua news

i09

Nicaragua Environment

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ecuador vs. nicaragua

Rinaldo W.

Ecuador vs. Nicaragua.  Which is the better place to live overseas?

When it comes to choosing a destination in Latin America, both Nicaragua and Ecuador are great options.  Both enjoy incredible eco-diversity, numerous opportunities for adventure, and a whole lot of bang for your buck.

Ecuador has consistently been named one of the world’s best places to retire. Nicaragua, which has historically remained off many expats’ radars due to its troubled past, has risen to the ranks of being the safest country in Central America.  Today it’s emerging as one of the top destinations in the region.

So, which of these countries is the better option for your family’s much-anticipated move abroad?  Well, that depends on you and how you’d like your life to look in your new home overseas.

While we can’t make a recommendation that’s right for everyone we can show you how the two stack up in several important categories in this Ecuador vs. Nicaragua stand-off.

ecuador vs. nicaragua

Use the Infographic on your site:

<a href=”https://vivatropical.com”><img src=”https://d12bf6kmgd5ome.cloudfront.net/2014/01/ecuador-vs-nicaragua.jpg” /></a>

Round #1 – Lifestyle Hacks

Winner: Nicaragua

One of the best ways to improve your lifestyle when living overseas is by hiring domestic help, something many can’t afford in North America.  For instance, in Ecuador the cost to hire a maid for the day is $10.

Sound like a good deal?  Not as good as Nicaragua where you can employ a full-time helper, like a nanny or caretaker, for just over $100 per month (depending on their hours and responsibilities).  Domestic help is generally easy to find, but it’s important to screen applicants carefully.  A safe bet is to hire a close friend or family member of another maid who is a known good worker.

ecuador vs. nicaragua

Theragans

Round #2 – Internet Connectivity

Advantage: Ecuador

In terms of Internet penetration, speed, and quality, Ecuador wins this category. Overall it has more widespread affordable access, with over 35% of the population connected (vs. 10% in Nicaragua).

The main difference between the two is with Internet access in rural areas.  In Nicaragua there isn’t any.  By contrast, Ecuador has public access centers, called Infocentros, that are available (and free) even in more remote areas.

Connectivity is definitely on the agenda of both countries’ governments. Even Nicaragua has increased its availability 30-fold in the past 5 years alone. However, it still lags a considerable distance (12,628 internet hosts to Ecuador’s 170,538) behind Ecuador, whose goal is Internet access in 50% of its households by 2015.

ecuador vs. nicaragua

Johnny Chunga

Round #3 – Living Options

Outcome: Ecuador for Variety, Nicaragua for Safety

While both Ecuador and Nicaragua boast their share of colonial towns, coastal paradises, and mountain hideaways, Ecuador’s four distinct regions offer much greater diversity in scenery and climate.

Popular Ecuadorian cities include the mountain towns of Cuenca and Loja, with their colonial charm and modern amenities.  Also, on the coast, are places like Salinas and Montanita, which attract a large number of beach-goers.  Ecuador is also home to the Galapagos Islands, perfect for nature-lovers.

Nicaragua also has its fair share of expat hotspots, and many are growing at increasing rates.  Granada, which is situated on Lake Nicaragua, is a popular favorite.  As is Leon, another colonial city that also boasts close proximity to the Pacific Ocean.  Nearby beach towns include San Juan del Sur, famous for its surfing and nightlife.  The Corn Islands are also an option for those seeking a Caribbean vibe.

It’s also worth noting that Nicaragua is now the safest nation in Central America, while crime continues to be a problem in Ecuador.  However, it’s entirely possible to live safely in either location (and without burglar bars).  What’s important is to use common sense and avoid appearing overly “flashy” or waving wads of large bills when paying for items.

ecuador vs. nicaragua

Game of Light

Round #4 – Green Living

Clear Winner:  Ecuador

When it comes to conservation and sustainability, Nicaragua is the land of missed opportunity.  The largest country in Central America (and the least populated), Nicaragua is full of natural resources.  However, several factors are preventing the nation from realizing its potential.

The lack of enforceable land rights has led to massive deforestation and a lack of government regulation.  Pesticide use is widespread, and there’s little safe drinking water.  Only 6% of the nation’s forests are protected.

Compare this with Ecuador, which has the lowest environmental footprint in the world.  It’s also the only country in the world whose constitution protects the rights of its natural environment.  Ecuador is also home to Yasuni National Park, the most biodiverse spot on the planet.  Their efforts to protect it from the harmful effects of drilling its 800-million barrel oil reserve have been among the most creative in history.

ecuador vs. nicaragua

Barefoot Expeditions

Round #5 – Cost of Living

Slight Edge: Ecuador

While both countries enjoy a very reasonable cost of living, prices in Ecuador are generally more affordable.  This is particularly true when it comes to consumables, like groceries and restaurant meals (26% and 24% higher in Nicaragua, respectively).  It’s also true of the country’s inexpensive health care.

In Ecuador, a couple could live simply on about $1200 per month, including rent which runs around $450 on average.  Factored into this amount are expenses such as public transportation (in other words, not owning a car) and once-per-week maid service.

Two big exceptions are rent and transportation to North America.  Home rentals run around 33% less in Nicaragua.  It’s also much cheaper (and shorter) to fly to the U.S. More on that coming up.

ecuador vs. nicaragua

Julie Rubinic

Round #6 – Ease of Access

Winner: Nicaragua

Ecuador has two international airports, Quito (UIO) and Guayaquil (GYE), although most travelers fly into Quito.  Flights arrive from U.S. cities like Miami, Houston, and New York, as well as nearby Panama City, Panama, or Bogota, Colombia.

Due to its close proximity to the U.S., Nicaragua offers frequent short flights to a number of major U.S. cities.  American Airlines has 3 daily flights from Miami.  There are also daily flights from Atlanta (Delta) and Houston (Continental).  Spirit Airlines also offers 3 flights per week from Fort Lauderdale.

In addition to international flights, which land at Sandino International Airport in Managua, there are also a number of domestic airlines that fly to cities across Nicaragua, including the Corn Islands.  Nicaragua also offers short flights to nearby Costa Rica and Panama.

ecuador vs. nicaragua

Vilseskogen

But once you’re in Ecuador, getting around’s a breeze.

It’s worth mentioning that, while Nicaragua is easier to get TO, Ecuador is a piece of cake to get around IN.  The country’s transportation system is bordering on excellent. Thanks to subsidized fuel costs, there are inexpensive domestic flights.  You can also fill up your car for as little as $1 per gallon.

Round #7 – Business Climate

Slight Advantage: Ecuador (for Now)

Let’s face it.  Neither of these two countries has a gleaming record of political stability. Ecuador saw 48 presidents in its first 131 years as a republic.  And while Nicaragua’s Daniel Ortega has certainly done some good for the nation’s economy, he’s not exactly known for his friendliness to businesses.  He’s also currently pushing legal reform that will essentially result in the possibility of his limitless reelection.

As a result, this category was a tough one to call.  We’re awarding it to Ecuador, mainly because Rafael Correa has a somewhat better track record as a political leader.  In addition, the Ecuadorian government has been taking strides towards reducing its influence in various sectors and allowing independent businesses to function more…well, independently…due to new privatization laws.  As a result, the country has seen considerable economic growth.

While we’re on the subject of government and bureaucracy, Ecuador also boasts the easier process for obtaining a visa.  The whole ordeal is generally faster, cheaper, and less confusing than in Nicaragua where there aren’t a lot of resources for information. The biggest downside?  If you leave for 6 months you lose your visa.

ecuador vs. nicaragua

ST Jenna

Round #8 – Banking

Outcome:  Nicaragua Wins

Both Nicaragua and Ecuador require that you jump through quite a few hurdles in order to open a bank account as a foreigner.  However, once your account is established, you’ll generally find that Nicaragua offers the better banking experience for North Americans.

While it does use a different form of currency (the Cordoba), most establishments will also accept the U.S. dollar.  (Note: Ecuador has had a dollarized economy since 2000.) What’s more, many Nicaraguan banks (6 at last count) hold relationships with U.S. financial institutions.  This makes for an easy process when transferring money. However, it also means that “they” can see your money and where it’s going.  Banks in Nicaragua also pay competitive interest rates on deposits.

The performance and transparency of Ecuador’s banks has improved in recent years. However, they still struggle with implementing and enforcing uniform regulations. Their accounting standards are also subpar. In possibly its worst offense, Ecuador also charges a 5% tax on all funds transferred out of the country.  Ouch.

It’s easy to see why Nicaragua is the natural choice for banking of the two countries. That being said, neither of these is a place you’d want to choose for stashing large amounts of cash.  There are just too many better options globally.

ecuador vs. nicaragua

Dane Brian

Round #9 – Investment Opportunities

Winner: Ecuador

We mentioned that Correa has made some decent accomplishments during his tenure as president.  One of the best ones from an investment standpoint?  Infrastructure. Massive improvements in infrastructure.

Why does that matter?  Glad you asked.  Infrastructure upgrades (or even rumored ones) equal huge potential to savvy investors.  Buying a beautiful piece of untouched beach that’s about to become more accessible due to a new road coming in is a tried and true strategy and one that we’ve written about extensively in our new ebook, Pay Dirt.

In addition to real estate, investing in tourism is also a smart move right now in Ecuador Real Estate.  The country has a ton of amazing attractions, yet its existing tourist infrastructure is grossly underused.  Plus the government offers a wealth of tax deductions and other incentives to foreign investors.

ecuador vs. nicaragua

A. Scott

Similar laws and incentives exist to encourage tourism investment in Nicaragua, as well.  Also, organizations like PRONicaragua aim to assist foreign investors by providing support services to those looking at potential business opportunities there.

Round #10 – Healthcare

Slight Edge: Ecuador

When it comes to Ecuador vs. Nicaragua, both countries enjoy clean, modern, quality healthcare facilities with well-trained medical staffs.  However, the level of care and accessibility of treatment are slightly higher in Ecuador.  Most of the doctors speak English, and many even trained in the U.S.

Costs are comparable in both countries, with a visit to a specialist costing no more than $25-$30 and an overnight stay in a private room still under $100.  Accessibility is fairly widespread, but–as is true of most developing countries–availability and quality is far better in and around larger cities.

Perhaps the biggest difference in this category comes in the direction both countries’ systems are heading.  While Nicaragua’s healthcare stands in need of some improvement, Ecuador’s government is currently taking strides to improve its own system.

ecuador vs. nicaragua

Retro Traveler

Round #11 – Consumer Goods

Verdict: It’s a Tie

When it comes to consumer goods, Ecuador definitely wins for the availability of products.  In Ecuador you can find a variety of domestic and imported products. However, due to recently imposed taxes and restrictions on imports, items such as vehicles and cell phones are becoming more scarce and expensive.

As a result, Nicaragua (although it has less to offer in the way of variety) may soon offer the better value on consumer products.  This may become increasingly true as the country continues to attract more and more expats.  Where expats are, imported products aren’t often far behind.

ecuador vs. nicaragua

K. Kamikaze

Round #12 – Foreign Land Ownership

Victor: Ecuador

The laws of both countries are favorable towards foreigners who want to own land in either Ecuador or Nicaragua.  Property rights are guaranteed in each nation’s constitution, and they apply equally to foreigners as well as nationals.

While Nicaragua does restrict property ownership near its borders, Ecuador has no restrictions whatsoever on foreigners owning property.  The buying process is similar in both countries, requiring due diligence to carefully research the title and ownership. The services of a qualified attorney can simplify the buying process in either country.

ecuador vs. nicaragua

K. Sevik

Ecuador vs. Nicaragua – Grand Champion?

While the match-up looks to have been a slaughter, with Ecuador taking the grand prize in this Ecuador vs. Nicaragua competition, we’d advise you to take this information with a grain of salt.  While we’ve tried to remain as objective as possible, the decision of where to relocate as an expat is one that can only be made through your own careful consideration.

Articles and comparisons are helpful, but there’s just no substitute for seeing a destination with your own two eyes and exploring it with your own two feet.  If one, or both, of these countries is on your short list, book a trip to check it out for yourself.  A trip to the Latin tropics is sure to prove a delight for all the senses.

Map of Ecuador

Ecuador Fast Facts

  • Population: About 15.49 million
  • Typical temperature: Ecuador is known for its micro climates, learn more here.
  • Major airports with U.S. flights: Quito, Cuenca and Guayaquil. Complete list of airports in Ecuador.
  • Nearest U.S. consulate: Quito and Guayaquil

Map of Nicaragua

Nicaragua Fast Facts

  • Population: About 5.99 million
  • Typical temperature: There are three temperature zones in Nicaragua. In the lowlands (Pacific and Atlantic coast) temperatures vary roughly between 72° F at night and 86° F at daytime (22° C – 30° C). Temperature can reach 100° F in May (38° C). The central part of the country is about 9° F (5° C) cooler, and in the mountains in the north it’s about 18° F (10° C) cooler.
  • Nearest airport with U.S. flights: Managua
  • Nearest U.S. consulate: Managua
pros and cons of little corn island nicaragua

Sean9211

Escaping the city to live on a remote, Caribbean island sounds like the ultimate in peace and relaxation. However, does the reality actually live up to the fantasy?

Nicaragua’s Little Corn Island is a beloved Caribbean paradise among tourists who often come back year after year. Some decided to plant their roots, open a business, and live permanently on the golden sand shores. For many people, Little Corn Island offers the lifestyle of their dreams, but it doesn’t come without hardship.

If you are considering relocating to Little Corn Island, here are some pros and cons to help you decide if paradise comes at too high of a price.

Pros and Cons of Little Corn Island Nicaragua

Dane Brian

The Pros of Living on Little Corn Island

Little Corn Island is one of the most magical places in the world, so there are many benefits of choosing to call it home.

The Beaches

Little Corn Island has some of the most beautiful, unspoiled beaches in the entire world with golden sand shores, glowing turquoise water, and coconut palms. On the harbor side of the island the water is calm and laid-back, restaurants and reggae bars line the sea, and across the island are quiet guesthouses on a wide sandy beach. Venture beyond these hubs and the beaches are undeveloped and relatively deserted. You can enjoy your own patch of paradise in complete solitude. That’s why you came here, right?

The Diving

A strong dive community resides on Little Corn making diving accessible and inexpensive. Two dive shops offer PADI-certified dive courses and plenty of fun dives. Uncrowded dive sites house stunning tropical fish, coral reef, and sharks. For those without dive experience there are many snorkeling sites, some directly in front of the beach on the island.

The Cost of Living

Compared to the rest of Nicaragua, Little Corn Island is more expensive due to its remote location, however compared to the rest of the Caribbean it is extremely affordable. Living on Little Corn is considerably cheaper than living in most Western countries. Property costs are low, a four course fish dinner costs $10, and hanging out at the beach is completely free.

The Community

Easily the best aspect of living on Little Corn is the culture and community. Relaxed is a way of life here and the locals and expats truly embody it. Things do not happen quickly, but people usually have a smile on their faces. The native language is English, which makes communicating with and befriending locals quite easy. Expats and tourists on the island are very friendly and due to the small size of the island, visitors quickly find themselves feeling at home with new friends.

Pros and Cons of Little Corn Island Nicaragua

GlobalML

The Cons of Living on Little Corn Island

Nowhere is perfect, and Little Corn Island is no exception. Living on a remote island has plenty of challenges.

Remoteness

If you get stir crazy in small spaces, Little Corn Island may not be the place for you. The entire island is only 1.5 square miles and is about an hour boat ride from Big Corn Island. It has no cars, no ATMs, and a few guesthouses, restaurants, and bars. While Big Corn has cars, more restaurants, and some shopping, it is still a small Caribbean island that lacks many modern conveniences. The good news is that Managua is an inexpensive one hour flight from Big Corn. However if you like having the freedom to hop in your car and go, Little Corn may not be the place for you.

Scarce Provisions

Due to its remote location many provisions often run out on Little and Big Corn Islands before the weekly boat arrives. Fruits and vegetables in particular can be in scarce supply in restaurants. However, if you decide to buy property on Little Corn you can begin to grow your own food, decreasing the necessity for provisions brought in from the mainland. This is also a great way to save money.

Lack of Electricity

It was not long ago that Little Corn Island did not even have electricity. Now many businesses have electricity all day long, however it can still be scarce. Many guesthouses only have electricity in the morning and the evening and WiFi is generally spotty on the entire island all day long. If you work remotely online this can present a huge challenge.

If you can handle these challenges, Little Corn Island very well could be the island of your dreams. However if you long for something a little less rustic, there are plenty of more developed islands throughout Central America. The Bocas del Toro archipelago in Panama is much closer to the mainland and has a variety of islands for every style.

If the Pacific is more your style, we love the archipelago of Boca Chica on the other side of Panama.

Get out there, get exploring, and create the home you have always dreamed of. It is possible!

Map of Little Corn Island

Use this quick map to see where Little Corn Island fits in Nicaragua and its proximity to the nearest international airport, Managua International Airport. Get there: Fly to Managua via American Airlines, Continental, Delta, Copa, Taca, or Nature Air; then take a 1+ hour flight on La Costena from Managua (Departs at 6:30 AM and 2 PM) to Big Corn Island on the Atlantic side of Nicaragua.

Fast Facts

  • Population: About 1,200
  • Typical temperature: Ranges low to mid 80s
  • Nearest airport with U.S. flights: Managua International Airport
  • Nearest U.S. consulate: Manangua, Nicaragua
granada-nicaragua

Adalberto Vega

Nicaragua just might be Central America’s best kept secret. For years it’s been considered by many tourists as too dangerous to explore. This has kept it more affordable and less developed than nearby Costa Rica which has been a tourist and expat hotspot for years.

Yet today Nicaragua boasts the title of being the safest country in Central America and is making a comeback.

For those interested in getting in before everyone else does, here is where to live in Nicaragua with the best to offer North Americans hoping to relocate.

Granada

Spend one moment in Granada and you will understand why some travelers showed up and never left. The beautiful, brightly colored Spanish colonial architecture and lively squares and markets meld the enchantment of a European city with a small Latin village.

Situated on Lake Nicaragua beneath the Mombacho Volcano there is plenty of nature to explore. Lake Nicaragua has hundreds of little islands that some people have actually purchased and built homes or restaurants on. You can explore these islands by kayak or boat tour. Mombacho has plenty of hikes and climbs that offer epic views of the lake and islands. Daytrippers can also go to the Laguna de Apoyo which is a swimmable lagoon in the center of an erupted volcano.

The natural beauty, local culture, and colonial architecture have already brought plenty of expats who have established their own community. Some have opened volunteering organizations to help conscious individuals get involved in the local community.

Expat-owned cafes, delicious international food, gyms, and spas allow you to experience comforts of home at a dramatically lower price tag. There is also a strong local arts scene which gives the town a more cosmopolitan feel.

Leon

Leon is known locally as a college town but many expats have begun to call it their home as well. If Granada is Manhattan you might call Leon Brooklyn. It has a distinctly hipper, more rustic vibe than beautiful Granada.

The open squares sit between beautiful old churches and offer the perfect gathering place for musicians, writers, and artists. The many museums and galleries are a big appeal for foreign transplants.

Like Granada Leon has plenty of wonderful local food as well as expat-owned restaurants, cafes, and bars. It is just as affordable as nearby Granada.

A huge appeal of Leon is its close proximity to the Pacific Coast beaches. Surf towns like Las Penitas and Popoyo are a half hour drive away and there are plenty of completely deserted sands to explore. Leon is also surrounded by eight volcanoes that adventure lovers can explore. The most famous is Cerro Negro which you can hike at night or volcano board down the side of.

San Juan del Sur

san-juan-del-sur-nicaragua

David Dennis

On the far southern Pacific coast of Nicaragua is the popular beach town San Juan del Sur. In recent years it has become one of the most frequented destinations in Nicaragua by tourists. Consequently more and more expats are beginning to live and invest here.

The surf can be excellent and nearby beaches are often deserted. Many expats choose to root themselves here for the conveniences of the many businesses and opportunities because of the tourism industry, while still being on a very beautiful beach. Excellent restaurants, cafes, bars, and even yoga studios bring plenty of North American comforts to the area. Because of its popularity with tourists prices tend to be more akin with Costa Rica just next door.

San Juan Del Sur does have the biggest party scene of all of Nicaragua which may not appeal to everyone. However it’s always possible to stay a little way out of town for complete solitude.

Las Penitas and Popoyo

On the coast a short half hour drive from Leon are some beautiful beaches for expats who want a more off the grid experience. Las Penitas is a quiet small fishing village with great surfing. It lies on the Isla Juan Vanado reserve which has turtle hatching that volunteers can observe or assist in.

Popoyo is another sleepy, relatively undiscovered surf town. Both are close to Leon for city comforts.

The Corn Islands

corn-island-nicaragua

M. List

Out beyond the coast in the Caribbean sea the Corn Islands feel like another world. The local language is English, which will make relocation much easier for expats who do not speak Spanish. Both Big Corn and Little Corn island have a relaxed Caribbean vibe with very friendly communities.

The islands are covered in white sand beaches with flat glowing turquoise ocean. The sea is perfect for diving, fishing, kayaking, stand up paddleboarding, snorkeling, and sailing.

Big Corn Island has a local airport with two hour flights to Managua for city necessities. It also has roads, cars, and many hotels and restaurants. Little Corn Island is much less developed and accessible by boat from Big Corn Island. It has no cars and the entire island is a little over a mile in diameter but still has an expat community, a yoga studio, two dive shops, and a few restaurants. It is unspoiled paradise.

The Corn Islands are not for everyone but the expats who have chosen to move there absolutely love it. A few have created their own farms to have access to fresh local food rather than waiting for the freight boat that comes once per week from El Rama on the mainland.

Nicaragua is a diverse country in both landscape and culture. Many travelers are beginning to recognize the beauty of the country and its people and are deciding to root themselves there. One of these up-and-coming expat hubs could be the perfect place for you to create a new life.

 

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